Special Economic Zone
A Special Economic Zone (SEZ) is the preparation of areas which have accessibility to the global market (access to the sea port and or airport). The areas are designed to maximize industrial activities, export, import and other related activities which has high economic value. Both the increasing competitiveness and the incentives are expected to be the pull factors to attract investors to the region. SEZs provide strategic locations and adequate infrastructure with access to global markets, along with business licensing facilities and fiscal facilities to enhance competitiveness and attract foreign investment, including, tax allowances, VAT exemption, Import Duty and other fiscal facilities.
SEZs may consist of one or several main activities:
- ✓ Production and Processing
- ✓ Logistic and distribution
- ✓ Research, Digital Economy and Technology Development
- ✓ Tourism
- ✓ Energy Development
- ✓ Education
- ✓ Health
- ✓ Sport
- ✓ Financial Services
- ✓ Creative Industry
With expert advisors, TaxPrime offers comprehensive advisory services to businesses seeking investment opportunities in Indonesia’s SEZs. Our services include navigating the legal and regulatory landscape, optimizing tax planning and compliance, and streamlining operational procedures within the SEZs. Our team of highly skilled professionals possesses extensive knowledge of SEZs in Indonesia and works closely with clients to understand their business objectives and provide strategic guidance, solutions, and support to help them minimize risk and maximize return on investment within the SEZs.
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